Meta Lays Off 700 in Pivot From Metaverse to AI

Covered by 2 sources
Read full post
Meta has laid off 700 employees as part of a strategic shift away from its metaverse focus toward artificial intelligence development. This move reflects a reallocation of resources to prioritize AI technologies over virtual reality projects.

Covered by 2 sources

More on this story


More in Business & Enterprise

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources

Universal Music is launching an AI music platform with ElevenLabs

Covered by 3 sources

Clay raises $115m at a $7.1bn valuation, more than double its 2025 price

The Next Web